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T-Mobile (TMUS) Dips More Than Broader Markets: What You Should Know
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T-Mobile (TMUS - Free Report) closed at $141.23 in the latest trading session, marking a -0.92% move from the prior day. This change lagged the S&P 500's 0.2% loss on the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.12%.
Coming into today, shares of the wireless carrier had gained 0.44% in the past month. In that same time, the Computer and Technology sector lost 4.64%, while the S&P 500 lost 3.29%.
Investors will be hoping for strength from T-Mobile as it approaches its next earnings release. In that report, analysts expect T-Mobile to post earnings of $0.69 per share. This would mark year-over-year growth of 25.45%. Our most recent consensus estimate is calling for quarterly revenue of $20.13 billion, up 2.71% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.22 per share and revenue of $81.11 billion, which would represent changes of -14.29% and +1.27%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for T-Mobile. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.95% lower. T-Mobile currently has a Zacks Rank of #3 (Hold).
Investors should also note T-Mobile's current valuation metrics, including its Forward P/E ratio of 64.18. This valuation marks a premium compared to its industry's average Forward P/E of 23.25.
We can also see that TMUS currently has a PEG ratio of 2.4. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Wireless National stocks are, on average, holding a PEG ratio of 1.9 based on yesterday's closing prices.
The Wireless National industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 81, putting it in the top 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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T-Mobile (TMUS) Dips More Than Broader Markets: What You Should Know
T-Mobile (TMUS - Free Report) closed at $141.23 in the latest trading session, marking a -0.92% move from the prior day. This change lagged the S&P 500's 0.2% loss on the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.12%.
Coming into today, shares of the wireless carrier had gained 0.44% in the past month. In that same time, the Computer and Technology sector lost 4.64%, while the S&P 500 lost 3.29%.
Investors will be hoping for strength from T-Mobile as it approaches its next earnings release. In that report, analysts expect T-Mobile to post earnings of $0.69 per share. This would mark year-over-year growth of 25.45%. Our most recent consensus estimate is calling for quarterly revenue of $20.13 billion, up 2.71% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.22 per share and revenue of $81.11 billion, which would represent changes of -14.29% and +1.27%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for T-Mobile. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.95% lower. T-Mobile currently has a Zacks Rank of #3 (Hold).
Investors should also note T-Mobile's current valuation metrics, including its Forward P/E ratio of 64.18. This valuation marks a premium compared to its industry's average Forward P/E of 23.25.
We can also see that TMUS currently has a PEG ratio of 2.4. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Wireless National stocks are, on average, holding a PEG ratio of 1.9 based on yesterday's closing prices.
The Wireless National industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 81, putting it in the top 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.